Rising Milk Price – A Cause for Concern on Food Security

38 Pages Posted: 2 Dec 2014

See all articles by Selvarajan Rajeshwaran

Selvarajan Rajeshwaran

Indian Institute of Management (IIMB), Bangalore

Gopal Naik

Center for Public Policy, Indian Institute of Management Bangalore

Albert Christopher Dhas

The American College, Madurai

Date Written: December 2, 2014

Abstract

Continuous rise in food prices has been posing a serious policy challenge in India. Milk is a major contributor to the food price rise due to its high growth in demand in the domestic and international markets with domestic supply not keeping pace. Mere market price signal is inadequate for the milk production system to respond. This is due to supply constraints including increasing cost of production. This situation is expected to continue with lower growth in milk producing adult female animal population. Therefore, policy measures need to be relooked at to study and strengthen the entire production ecosystem in terms of technology, access to information, credit availability, improvement in risk cover mechanisms and access to markets to enhance profitability and reduce risk, to incentivise dairy animal rearing and milk production.

Keywords: Milk Price, Milk Production, Food Security, Buffer Stock, Policy Ecosystem

Suggested Citation

Rajeshwaran, Selvarajan and Naik, Gopal and Dhas, Albert Christopher, Rising Milk Price – A Cause for Concern on Food Security (December 2, 2014). IIM Bangalore Research Paper No. 472. Available at SSRN: https://ssrn.com/abstract=2532842 or http://dx.doi.org/10.2139/ssrn.2532842

Selvarajan Rajeshwaran (Contact Author)

Indian Institute of Management (IIMB), Bangalore ( email )

Bannerghatta Road
Bangalore, Karnataka 560076
India

Gopal Naik

Center for Public Policy, Indian Institute of Management Bangalore ( email )

Bannerghatta Road
Bangalore, Karnataka 560 076
India
2699-3194 (Phone)

Albert Christopher Dhas

The American College, Madurai ( email )

Tamil Nadu
India

Register to save articles to
your library

Register

Paper statistics

Downloads
213
Abstract Views
998
rank
144,342
PlumX Metrics